Development

Akon and a rendering of Akon City in Senegal. (Credit: Getty Images and Hussein Bakri/BAD Consultant/Semer Group)

Inside Akon’s 2,000-acre crypto-city in Senegal

It’s something of a moment for smart cities built from scratch. In Indonesia, the crown prince of Abu Dhabi...

Inside Akon’s 2,000-acre crypto-city in Senegal
U.S. Rep. Alexandria Ocasio-Cortez and Sunnyside Yards (inset) (Credit: Getty Images and Wikipedia)

AOC resigns from Queens megadevelopment steering committee

Rep. Alexandria Ocasio-Cortez resigned from the steering committee planning the development of a 180-acre Queens site after being pressured...

AOC resigns from Queens megadevelopment steering committee
Mayor Bill de Blasi0, a rendering of Halletts Point, and Douglas Durst (Credit: Getty Images, Durst)

Feud with de Blasio pushes Durst to shelve Halletts Point

A longstanding feud between a scion of real estate and the mayor’s office has reached a breaking point. The...

Feud with de Blasio pushes Durst to shelve Halletts Point
Local Law 97 is part of a push for a 40 percent reduction in citywide emissions by 2030 and 80 percent by 2050 (Illustration by Kevin Rebong for The Real Deal)

Real estate seeks changes to city’s green buildings bill

In four years, tens of thousands of buildings in New York City will need to meet strict carbon emission...

Real estate seeks changes to city’s green buildings bill
45 Broad Street and Madison Equities CEO Robert Gladstone (Credit: Getty Images)

Bob Gladstone, Gemdale put FiDi supertall on hold

Madison Equities and Gemdale Properties’ supertall condo at 45 Broad Street will be delivered shorter and later than expected,...

Bob Gladstone, Gemdale put FiDi supertall on hold
From left: 172 Madison Avenue, 100 East 53rd Street, Woolworth Tower, 53 West 53rd Street, 615 10th Avenue

Loan wolves: Bankers are stalking developers as debts come due

It was one of many signs last year that a growing number of New York City condo developers are...

Loan wolves: Bankers are stalking developers as debts come due
A street view and rendering of 251 West 14th Street (Credit: Google Maps, Pizzarotti)

Lawsuits, liens pile up for developer of stalled Chelsea project

After entering the New York market with a bang in 2013, Italy-based construction firm Impresa Pizzarotti has become entangled...

Lawsuits, liens pile up for developer of stalled Chelsea project
Army Corps of Engineers Commander Lt. Gen. Todd Semonite and flooding caused by Hurricane Sandy in 2012 (inset) (Credit: Getty Images)

A $119B seawall still might not protect Manhattan, critics say

New York could get a $119 billion sea wall to help defend the city from future Sandy-like storms, but...

A $119B seawall still might not protect Manhattan, critics say
Harry and Linda Macklowe (Credit: Getty Images, iStock)

The Macklowes’ massive art collection nears auction

In Harry and Linda Macklowe’s famously bitter divorce, a new battle is playing out. Auction houses Sotheby’s, Christie’s and...

The Macklowes’ massive art collection nears auction
Clockwise from top left: 179 Beach 38th Street (Far Rockaway), 200 Beach 54th Street (Far Rockaway), 691 Zerega Avenue (Bronx), Jefferson Field at 12506 Flatlands Avenue  (East New York), 598 Beach 43rd Street (Far Rockaway), 114-200 Beach 36th Street (Far Rockaway) and 201 Beach 60th Street (Far Rockaway) (Credit: iStock, Google Maps)

Whatever happened to the city’s largest vacant lots?

New York has a housing shortage, yet no shortage of vacant lots. The city cannot compel development on private...

Whatever happened to the city’s largest vacant lots?
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